FX Unigma - Frequently Asked Questions

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	© 1995-2005 FX Unigma

In this section we answer questions most frequently asked by customers and visitors of our web site.

How many signals do you send per day?
What time do you send the trading signals?
How can I receive trading signals to my mobile phone?
Can I receive forecasts and trading signals to more than one email?
Which trading platform can I use to benefit best from forex trading?
On which trading platform do you set the trading signals?
Can I use the daily forecast as a trading signal?
Can I see an archive of your daily forecasts?
Is the price your sent in signals (buy now /sell now) Bid or Ask price?
Do you offer free trial services?
While I place the trades the marked has already moved. What shell I do?
Do I have to strictly follow your trading signals?
Will my subscription automatically be renewed?
Do you give follow ups on the existing positions?
Why there is a difference sometimes in the prices you give and the market?
Is your performance applied for specific margin used or number of traded lots?
Why sometimes the forecasts/signals by email are delayed for long time?
Why the the entry price in your forecast is away from the current one?
Do you give any explanation/analysis why signals are send?
Why I receive exit signal for already closed position?
How can I use your signals for a set and forger strategy?
Why do you sometimes more than one exits?

How many signals do you send per day?
Trading signal in average are 4-10 per day. But there may not be sometimes signals if market is quiet or more than 10 when very active. Normally we send 1 single a time, but sometimes they could be up to 4 at a time.
What time do you send the trading signals?
We send signals whenever we decide that the forex market is suitable to enter into trading positions. Those times are not defined, as the market itself isn't. We provide trading signals 24 hours a day. Most of the signals we send from 7.00 am GMT till 10.00 pm GMT, which covers the main markets in Europe and USA, but we also might do it in the night hours when market is moving. When we can we try to send signals earlier, so there will be enough time to close within the day.
You may refer to today's economic calendar, which is included in the daily forecast we send, for times of major events, around which we may send signals.
You may also see our detailed signal records in downloadable PDF files here.
How can I receive trading signals to my mobile phone?
To receive signals to your mobile phone you will need to give us the email to SMS, which would look something like number@mobileoperator.com. You can ask your mobile operator what your email to SMS is. We would recommend receiving signals online or using a messenger, as sometimes delays for SMS deliveries occur.
Can I receive forecasts and trading signals to more than one email?
We can send you Forecasts and News to 1 email, and Trading Signals in 2 different ways (to cover internet delays), starting with the most recommended - online and messenger, online and SMS, online and email, messenger and SMS, messenger and email, SMS and email, or 2 emails. Adding for you as a subscriber every next online profile, email, messenger, or SMS way of delivery of Signals is charged at half price of the subscribed service, as shown in the Our Fees.
Which trading platform can I use to benefit best from forex trading?
In order to profit most from your work and efforts we would advice you to look for a good and suitable forex broker/trading platform. Here we give you some useful advises when looking for such, and you can find information on forex brokers/trading platforms with complete details by using the link/search engine provided there.
On which trading platform do you set the trading signals?
We use own special application, which picks the currencies prices at the time of the signal from a 1 second interval chart, normal spreads of 2-5 pips are taken into account.
Can I use the daily forecast as a trading signal?
Please note that daily/evening forecast is not a trading signal. In the daily forecast we give recommended sell/buy for the next 12 hours.
Depending on the forex market you can make and loose a lot from a daily forecast if for example the market is violate and active. The daily forecast can give you an idea of the expected forex movements, which for some of our customers is enough to decide when to enter and exit the market themselves. But if you are new to forex trading we would advise you to follow only our trading signals till you have a better feel of how the market moves. What we do is trying to gain more profit and less loss in pips, but the trader must be able to do the money management, deciding when and how much to trade.
When/if you become our customer, we will also give some more essential advises to help you achieve better results from your trading.
Can I see an archive of your daily forecasts/signals?
You can see an archive of our Daily Forecasts at the Daily Forecast page, by browsing the calendar on the right. Evening Forecasts archive is available to our customers only. The trading signals records in downloadable PDF files are available at the Performance page.
Is the price your sent in signals (buy now /sell now) Bid or Ask price?
When signal is SELL - position is SHORT, signal is BUY - position is LONG. In Forex Bid/Ask are SELL and BUY prices, and SPREAD is the difference in PIPS, which for major currencies is 2-5 pips. When you BUY you can only do at ASK price, and when you SELL, you can only do at BID price.
Do you offer free trial services?
Unfortunately for the moment we do not offer free trial services, because we provide professional and low cost forex forecasts and trading signals, which are incomparable with any other similar services.
While I place the trades the marked has already moved. What shell I do?
Almost always when the signal is received it should be set into your deal station as market order. Normal spreads of 2-5 pips are taken into account. If for any reason signal is delayed and price has changed, we would advice you to wait for entering at close position.
Do I have to strictly follow your trading signals?
We send our trading signal with particular recommended Buy/Sell, SL and TP prices. You may follow them exactly as they are, in conjunction with your particular platform spreads and prices, or you may trade with a close or similar prices as you find best for your situation.
Will my subscription automatically be renewed?
No, subscription is not automatically renewed and you credit card not automatically charged at the end of your subscription period. When it expires, if you would like to renew it, you should choose a period to subscribe to and make your online payment. We will also send you a reminding email at the day your subscription expires.
Do you give follow ups on the existing positions?
Every signal is given with a SL and TP, and unless we send additional exit (close) or change signals, the current limitations stay. Our signals are given as they are. You may or may not follow them.
Why there is a difference sometimes in the prices you give and the market?
There are few reasons for prices discrepancies. One is because of the fast changing and volatile Forex market. Another is because everyone is using different platform, and we can not always match the exact price of the currency pairs at the time of sending signal. Therefore sometimes there is one or few pips, which could be in your advantage or disadvantage, which we know sometimes make the whole difference between profit and loss.
Is your performance applied for specific margin used or number of traded lots?
The lots to trade/margin to use are up to you, the trader, depending also on the platform you use, and they are not related to our performance in any way. Our results are in pips. What we do is trying to gain more profit and less loss in pips, but the trader must be able to do the money management, deciding when and how much to trade.
Why sometimes the signals by email are delayed for long time?
Unfortunately we can not speed up email delivery to you, we send them on the spot, and from there delivery is handled by email servers. But the actual real time signals we send, which are the main part of our services, are sent and received immediately first online, than by messenger (we recommend Yahoo Messenger). Email sending of signals is not reliable, and it is used just as a second way of delivery for your records. But it is up to you how you prefer to receive signals.
Why the the entry price in your forecast is away from the current one?
If the entry price in our forecast are away from the current one, that would mean that we expect the currency pair to move to that point and from there to start its major trend for the day/evening.
Do you give any explanation/analysis why signals are send?
No, we do not explain why we send (or do not send) particular signals, it is obvious that if we send them, we expect the market to move that way (if we do not send any, we prefer not to trade). Our trading signals are our trading recommendations and should not be followed blindly. They are not negotiable, you may or may not use them.
Why I receive exit signal for already closed position?
Signals are valid for open positions, platforms where SL/TP were not hit.
How can I use your signals for a set and forger strategy?
When you receive our signals and set the trades into your trading platform, you may leave your PC, but it is always advisable that you stay close by, in order to be ready to react in case new signal is received. If you need be away from your computer, it is a good idea to receive our signals on your mobile phone.
Why do you sometimes more than one exits?
More than one exit gives our customers more and better exit options. Those who wish to be more careful and watch the market, they would be able to choose where to exit, they will risk less and profit well enough. Others prefer to use the set and forget strategy, they may risk more (SL is 26 pips), and profit more (TP is 40-60 pips). Particular trading advises of how to best use our services will be given to you when/if you become our customer.